Amazon Raises FY26 Capex to About USD 220 Bn as AI, AWS Demand Surges

Amazon Desires to Spend More Than $220 Billion in AI Capex This Year. That's Why I'm Buying

Amazon just handed investors a Q2 earnings report that raised a question most analysts are tiptoeing around: when a company at nearly $3 trillion in market cap accelerates its biggest business to an 18-quarter high while its free cash flow turns negative, is that a crisis or a signal?

Amazon: The Market Is Paying For Demand And Ignoring The Capex Bill (NASDAQ:AMZN)

Amazon is rated a Sell as the rising capex and negative free cash flow offset strong AWS growth and backlog. Click here to read this AMZN stock update.

Amazon Raises FY26 Capex to About USD 220 Bn as AI, AWS Demand Surges

Get latest articles and stories on Business at LatestLY. Amazon has raised its capital expenditure (capex) guidance for FY26 to around USD 220 billion from about USD 200 billion earlier, as strong demand for its Amazon Web Services (AWS) cloud platform and artificial intelligence (AI) services continues to drive investment, according to a Nuvama Research report. Business News | Amazon Raises FY26 Capex to About USD 220 Bn as AI, AWS Demand Surge…

Amazon Raised 2026 CapEx by $20 Billion— but CEO Andy Jassy Won't Say How It's Paying for It: 'Nothing to

Amazon's $20 billion capex hike fuels funding questions as AI spending drives Big Tech debt and squeezes free cash flow.

Amazon raised Capex to $220BN, and Still Beat Expectations

Amazon on July 30 reported Q2 2026 revenue of $200.6 billion, up 20% year over year, and raised full-year capital expenditure guidance to $220 billion from the $200 billion it had held since February. AWS revenue hit $42.2 billion, up 37%, its fastest growth since the fourth quarter of 2021, and shares rose roughly 7% in after-hours trading. Revenue, Profit, and the AWS Acceleration Operating income rose 43% year over year to $27.5 billion, beat…